Shares of Bon-Ton Stores (BONT -3.8%) slip after announcing CEO Bud Bergren plans to leave his...

|About: The Bon-Ton Stores, Inc. (BONT)|By:, SA News Editor

Shares of Bon-Ton Stores (BONT -3.8%) slip after announcing CEO Bud Bergren plans to leave his current role and transition to Chairman once the company hires a successor. The move comes just days after the company sharply lowered its bottom-line guidance for the year and posted weak October same-store sales.